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Aircraft Seat Market
Aircraft Seat Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2024-2034
"The global aircraft seat market value was US$ 4 billion in 2023 and is likely to grow at a strong rate with CAGR of 4.1% in the long run to reach US$ 6.8 billion in 2034."
An aircraft seat is a type of seating specifically designed for use in airplanes. These seats are engineered to provide comfort, safety, and functionality for passengers during flights. Aircraft seats are constructed to be lightweight yet sturdy, as they must adhere to strict safety regulations set by aviation authorities.
One of the key elements that airline passengers use to gauge their level of comfort is the seat. Aircraft seats are one of the application areas that have undergone a profound change over the ages. Seat manufacturers have been making significant R&D investments to create seats that satisfy both the needs of the current as well as future markets. The demand for innovations is further fuelled by the implementation of strict laws on passenger safety. It should guarantee the passengers' safety in case of an emergency in addition to providing them with physical comfort and convenience.
Regulatory bodies like the FAA (Federal Aviation Administration) and EASA (European Union Aviation Safety Agency) are tightening regulations on passenger seat safety. New standards, including seat strength and space optimization, are expected to shape the future of seat design. These regulatory changes are expected to influence the materials and manufacturing processes used by seat manufacturers, as well as the design of seats to ensure passenger safety in the event of turbulence or an emergency.
In the wake of the pandemic, several airlines have started upgrading their fleets with more comfortable and efficient seats. For example, Delta Air Lines and American Airlines have been installing new premium economy seats and business class pods in their long-haul aircraft to cater to the increasing demand for luxury and comfort. The focus has been on increased seat spacing, more personal space, and enhanced hygiene features to make passengers feel more comfortable during travel. In 2021, due to a financial crisis, airlines that planned to update their seats either postponed or discontinued their plans. Further denting the market was the suspension of the B787 aircraft deliveries. As a result of that the market for aircraft seats witnessed a drop of more than 20% YoY. However, the long-term market outlook appears to be positive with the surge in demand for new aircraft by developing nations, the rise in the air passenger traffic post-covid, upcoming aircraft programs, and the new trend of relocating manufacturing facilities to low-cost nations, all appear to have a positive impact on the market for aircraft seats.
Aircraft seat manufacturers are exploring foldable and modular seat designs as part of efforts to reduce weight and increase flexibility. Modular seating systems, which allow for easier reconfiguration of cabin layouts, are becoming more common. These designs are aimed at improving operational efficiency by enabling airlines to quickly adjust seat configurations based on the route demand, while also offering more space for passengers during periods of low demand.
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Segmentations |
List of Sub-Segments |
Segments with High Growth Opportunity |
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By Aircraft Type Analysis |
Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, and Business Jets |
Narrow-body aircraft are anticipated to drive demand for the aircraft seats market, whereas wide-body aircraft are expected to experience the fastest growth rate in the coming years. |
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By Seat Class Type Analysis |
First-Class, Business-Class, Premium-Economy-Class, and Economy-Class. |
Business class seats are anticipated to remain the dominant segment of the aircraft seats market and premium economy seats are expected to witness the fastest growth in the coming years. |
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By Component Type Analysis |
Soft Goods, Metals, Composites, and Electric |
Metals are anticipated to maintain their dominance and soft goods are expected to achieve the fastest growth during the forecast period. |
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By Sales Channel Type Analysis |
BFE and SFE |
BFE is expected to maintain its dominance and achieve faster growth during the study period. |
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By End-User Type Analysis |
OE and Aftermarket |
Aftermarket is expected to maintain its dominance during the forecast period, whereas OE is likely to be the faster-growing end-user during the same period. |
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By Region Analysis |
North America, Europe, Asia Pacific, and Rest of The World |
North America is projected to retain its supremacy during the forecast period, whereas Asia-Pacific is expected to experience the fastest growth. |
"Narrow-body aircraft segment accounted for the largest market share."
The market is bifurcated into narrow-body aircraft, wide-body aircraft, regional aircraft, and business jets. Narrow-body aircraft are expected to remain dominant and wide-body to be the fastest-growing aircraft type of the market during the forecast period. The demand for aircraft seats in narrow-body aircraft is expected to remain the largest in the foreseeable future, driven by factors such as new narrow-body aircraft programs, anticipated increases in production rates of key models, and a recovering aftermarket. Over the past decade, newer generation narrow-body aircraft have seen significant demand, driven by growing air passenger traffic and the increasing popularity of the low-cost carrier business model. According to the International Air Transport Association (IATA), each new generation of aircraft offers a 20% improvement in fuel efficiency.
"Business class seats segment accounted for the largest market share."
The market is bifurcated into first-class, business-class, premium-economy-class, and economy-class. Business class seats are projected to remain dominant in the aircraft seats market, while premium economy seats are anticipated to experience the fastest growth in the years ahead. Business class seats cater to corporate travelers, affluent individuals, and passengers seeking enhanced comfort. These groups are willing to pay a premium for added amenities. Airlines are increasingly investing in upgrading their business class offers to differentiate themselves in a competitive market, fueling demand for these seats. Premium economy bridges the gap between economy and business class, offering more comfort at a slightly higher price. This makes it appealing to middle-income travelers seeking better experiences without the steep cost of business class.
"Metals segment accounted for the largest market share."
The market is segmented into soft goods, metals, composites, and electric. Metals are expected to remain the dominant component of the aircraft seats market, and soft goods to be the fastest-growing component of the market during the forecast period. Metals are the dominant material in the aircraft seats market, particularly for various small and mid-sized parts used in seat construction. Aircraft seat frames are typically constructed using aluminum alloys, which ensure durability and lightweight properties. For instance, Airbus and Boeing use metal frames in their economy and business class seats to maintain balance between weight and strength. Airlines are prioritizing comfort, especially in premium segments, by using advanced materials such as memory foam and moisture-wicking fabrics.
"Aftermarket segment accounted for the largest market share."
The market is segmented as OE and aftermarket. Aftermarket is expected to remain dominant, and OE to be the faster-growing end-user type of the market during the forecast period. High demand for new aircraft from developing nations, upcoming aircraft programs, and the rapid rebound in air passenger traffic are factors offering faster growth in the market at the OE level.
"North America accounted for the largest market share."
The market is segmented as North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to remain dominant region in the market during the forecast period. Leading aircraft seat manufacturers have a strong presence in North America, both in terms of manufacturing and sales, to capitalize on market growth. Asia-Pacific is expected to experience the highest growth in the aircraft seats market during the forecast period. Growth in the region is driven by indigenous commercial and regional aircraft programs, such as the COMAC C919. China, Japan, and India are the major markets in Asia-Pacific and will continue to drive growth in the region in the coming years.
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Among the aircraft industry value chain, interiors are believed to be the segment that recorded the highest numbers of M&As over the past decade, especially keeping the number of players in mind. Other aerospace industry stakeholders, especially the tier players, seemed interested in acquiring the key interior suppliers. As a result, both aerospace giants (Zodiac Aerospace and B/E Aerospace) were acquired by Safran and Collins Aerospace, respectively. The following are some of the key players in the aircraft seats market.
Note: The above list does not necessarily include all the top players in the market.
Recent Market JVs and Acquisitions:
Recent Product Development:
Collins Aerospace has invested £16 million in R&D at its Kilkeel site, Northern Ireland, to develop advanced seating for wide-body aircraft, supporting economic growth and engineering innovation.
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
The aircraft seats market is segmented into the following categories:
By Aircraft Type
By Seat Class Type
By Component Type
By Sales Channel Type
By End-User Type
By Region
This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s aircraft seats market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com
The aircraft seats market is estimated to grow at a healthy CAGR of 4.1% over the next ten years to reach a value of US$ 6.8 billion in 2034. Impressive growth soon is waiting outside the door of industry stakeholders, driven by an exceptional rebound in air passenger traffic, ultimately giving impetus to the entire value chain including the aircraft seats market.
Acro Aircraft Seating Ltd., Adient Aerospace LLC, Airbus Atlantic, AVIC Cabin Systems Limited, Aviointeriors S.p.A., Collins Aerospace, Expliseat SAS, Geven S.p.A., Haeco Cabin Solutions, Jamco Corporation, Mirus Aircraft Seating Ltd, Recaro Aircraft Seating GmbH & Co. KG, Safran S.A., and Zim Flugsitz GmbH (alphabetically arranged) are the key players of aircraft seats market.
North America is estimated to be dominant in the aircraft seats market in the coming years. The existence of major players and aircraft OEMs is a key factor behind the dominance of North America in the global market.
Aftermarket is likely to maintain its dominance in the market over the next ten years. Production of new aircraft is driven by an increase in orders for new aircraft from developing economies, a sizable backlog, an increase in air passenger traffic, and new aircraft programs.
Asia-Pacific is estimated to be the fastest-growing region in the aircraft seat market in the coming years. Market expansion is to be fuelled by growing demand for new aircraft from developing countries, such as China and India.
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